North America 3D Printing Market Market Trends, Applications and Regional Forecast 2027


Posted March 18, 2020 by priyapraksh98

North America 3D Printing Market estimates the market to grow at a CAGR of 16.20% in the forecast period.

 
Bharat Book Bureau Provides the Trending Market Research Report on “North America 3D Printing Market 2019-2027”under Services Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

MARKET OUTLOOK
North America 3D Printing Market estimates the market to grow at a CAGR of 16.20% in the forecast period. The United States and Canada together constitute the North America 3D printing market.

North America is the largest market for 3D printing globally, and is dominated by the US in terms of revenue. The substantial economic growth and development of manufacturing and chemical industries can be considered as the main factors for this growth. Also, the introduction of new categories of 3D printers has accelerated the growth rate.

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To meet the growing demand for 3D printing materials, several 3D printing companies have set up across Canada. As compared to the large scale industry, 3D printing is not impacting the economy much.

However, this technology has created a lot of job opportunities in the country. Canadian Manufacturers and Exporters (CME) have signed a partnership agreement with CRIQ to encourage 3D printing technology in Quebec. Besides, CME announced the launch of the Advanced Manufacturing Assets Database, which allows users to search about the entities involved in the adoption and development of advanced manufacturing technologies in the country.

Many companies have included this database in their research and development. Various universities in Canada have engaged in research on the use of 3D printing technology in the medical field.

COMPETITIVE OUTLOOK
Some noteworthy companies in the 3D printing market are Höganäs AB, HP Inc., Voxeljet AG, 3D Systems, GE Additive, Stratasys, Ltd., and ExOne.

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Last Updated March 18, 2020